Thursday, January 14, 2016

Wal-Mart closed over 10 percent of Brazil stores in restructuring: sources

CHICAGO/SAO PAULO (Reuters) - Wal-Mart Stores Inc has closed about 60 stores in Brazil, or more than 10 percent of its locations in the country, as part of a restructuring of one of the retailing giant's most important overseas markets, people familiar with the matter said.

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